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Then they realized that their holdings in liquid and low-return assets far exceed what is needed to avoid the type of speculative runs that East Asia experienced in 1997, and Russia in 1998.
随后,它们发现它们所持有的流动性和低收益资产远远超过避免东亚在1997年和俄国在1998年所经历的那种投机性挤兑所需要的数量。
© Project Syndicate 1995 – 2011
© Project Syndicate 1995 – 2011
So Sarkozy shouldn’t be lashing out against “speculative capitalism."
因此,Sarkozy不应该鞭笞“投机资本主义”。
© Project Syndicate 1995 – 2011
© Project Syndicate 1995 – 2011

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